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NextGenerationEU: Commission receives €1.37 billion payment request from Bulgaria under the Recovery and Resilience Facility

On 1 September, the Commission received Bulgaria's first payment request under the Recovery and Resilience Facility (RRF) for a disbursement of €1.37 billion in financial support.

date:  08/09/2022

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Bulgaria's comprehensive recovery and resilience plan will be funded with €5.68 billion in grants. RRF payments are performance-based and contingent on Bulgaria completing the investments and reforms outlined in its Recovery and Resilience Plan. This first request for payment is linked to 22 milestones and targets covering several reforms and investments in the areas of education, research and innovation, smart industry, climate neutrality, digital connectivity, sustainable transport and road safety, justice, anti-money laundering, social inclusion, healthcare and the audit and control system linked to the RRF. The Commission will now consider the request. It will then forward to the Council's Economic and Financial Committee its preliminary assessment of Bulgaria's compliance with the milestones and targets required for this payment.